Global Equities

Two sub-funds have been established for investments within the Global Equity Asset Class with initial investment value of £3.9bn.


Global Growth Fund

Global fund consisting of three underlying investment managers

Investment Manager: Link

Underlying Investment Managers: Baillie Gifford, Veritas and Pzena

Participating Funds: RCT, Dyfed, Gwynedd and Powys

Portfolio Value: £2bn

Launch Date: January 2019



Global Opportunities Equity Fund

Global & Regional fund consisting of seven underlying investment managers

Investment Manager: Russell Investments

Underlying Investment Managers: Morgan Stanley, Numeric, Sanders, Jacobs Levy, SW Mitchell, NWQ and Oaktree

Participating Funds: Swansea, Torfaen, Gwynedd, RCT and Clwyd

Portfolio Value: £1.9bn

Launch date: January 2019